My wife has one.. she handles multiple agents and companies.. does all the stuff us agents hate to do.. makes 250.00 a file and probably close 5 to 10 a week... not bad... and you really learn about transactions and how people do things.save your money.. they think about being a wheeler dealer... .

Plus they charge metered usage on top of that.

In addition - a lesser point - after a few months of the lease/option buyer living in the property, all of the 'new' upgrades would have some usage on them.

Should cash flow at a 10% cap rate even before the work is done, plus I hope to pick up an extra $18k/year by getting the tax designation changed based on the currant usage and gross rent lease structure.

Check the stations after a couple weeks to a month and the stations that have the most usage (most bait that has been eaten) are the areas that you have to focus on and keep filled.They make different kind of baits because rats get used to one and switching things up can get them excited about something new.

@Tim ThorntonI charge $150 for usage rights on "medium-term rental."

Used properly, there's nothing illegal, immoral, or inappropriate in its use.

I charge each tenant $80 for electricity and give them water free.My electricity bills around $400-$500 since PGE charges the high usage (two units combined).

Either raise the rents (if the market will support it), lower expenses (reduce water/electricity usage, shop around for insurance or lawn care, pass on to tenants if you can), or negotiate the interest/sales price/terms of the deal.

It's about the only thing I can think of that will go unreported by tenants yet easily cause the usage you describe.